In this section we will analyze the UproFX broker, is a Forex and CFD broker. Is UproFX really recommended to make an investment? Or is it better not to invest with this company?
We do this review and assessment, because we receive different messages and comments asking about the reliability of the company in question. ¿Are you a representative of this company? Leave a comment responding to customer concerns.
Essential information: Who does it belong to? Where is located? Is it a regulated broker?
The broker mentions being part of: Yield Enterprise Currency Software OÜ.
As to its location, the broker mentions being based in: Lithuania and Estonia.
If we analyze the regulation of the broker: since UproFX does not mention anything about its regulation, everything indicates that it is a NON-REGULATED broker.
If now we go on to analyze account types that UproFX offers, we noticed that they offer 4 different types of account: the Classic Account, the Silver Account, the Gold Account and the Premium Account. The minimum initial deposit is $ 250.
Classic account- All Trading Platforms, Personal Account Manager, 0,01 Minimum Trade Size, Up to 1: 100 Leverage, Expert Advisors, Live News.
Silver Account- All Trading Platforms, Personal Account Manager, 0,01 Minimum Trade Size, Up to 1: 100 Leverage, Expert Advisors, Live News.
Gold Account- All Trading Platforms, Personal Account Manager, Minimum Trade Size of 0,01, Leverage up to 1: 100, Expert Advisors, Live News, Personal Bonus Program, Technical Analysis Guide.
Premium account: all trading platforms, personal account manager, minimum trade size of 0,01, leverage up to 1: 100, expert advisers, live news, personal bonus program, technical analysis guide, one-to-one trading ...
Here you can see the picture about account types in full size.
Our platforms to operate that UproFX offers are: a so-called Online FX Trader.
We will now analyze the different resources and aids for the trader that UproFX provides on its website. We believe that the resources and help provided on the website can be a point in favor of the broker.
UproFX provides the following help or resources to traders or interested parties: basic explanation of the different financial products that UproFX offers, explanation of basic concepts of the investment world, glossary, some real-time charts, forex calendar, financial news (although in English)…
Amancio Ortega
According to comments from UproFX clients, the broker uses fraudulent advertising, such as the example in an image of a false news story about the tycoon Amancio Ortega.
Bitcoin Evolution - Bitcoinevolutionapp.com
According to comments from UproFX clients, the broker uses fraudulent advertising, such as the example in the image of the Bitcoin Evolution website.
Other information about UproFX
Some more information in case you want to contact the company, or see its website for yourself.
Website: uprofx.com/?lang=en#/ Website update:: www.uprofx.io/?lang=en
Phone number: + 442080897635
Email: [email protected], [email protected] y [email protected]
>>> Valuation on UproFX <<
Ending with this section, in our opinion Do we think the UproFX company is trustworthy? Should you invest your money with the company?
The truth is that, we believe that it is better to be careful because: in addition to being based in "unsafe countries" (Lithuania, Estonia) and being an unregulated broker, it is a broker that does not have any track record or history as such, is a new company ...
Based on customer feedback, UproFX appears to be connected to brokers with a very bad reputation such as Olympia Markets, KontoFX, OlympiusGlobal y ProuFX. We suggest extreme caution.
March 2020 update: according to customer feedback, the new brokers Confixfinancial y WDC Markets are also related to UproFX.
For these reasons, we believe that UproFX is not a recommended broker. In other words, we always recommend working only with duly regulated companies, isn't it better to have the protection of a good regulator?
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.
We leave a vote open so that traders, clients and users of the broker can vote.
They scammed me $ 24.000. I searched everywhere and I finally contacted the guys at mychargeback. They explain how to do things. Practically what you should do is inform the bank or credit card that you were cheated, they know what they are doing and they help you a lot. IT WORKED FOR ME AND I WILL GET A BIG PART OF THE MONEY.
Hello Ceve, Great !!!, Thank you very much for warning, we are very happy that you have achieved it, now be careful if you invest again, check the brokers before trusting one, here we have almost all of them.
For others who want to get their money back, they should try talking to our chat or click on this link:
https://brokersrecomendados.com/reclama-tu-dinero-te-ayudamos/
If you want to see our ranking of the recommended brokers 2021 click HERE
Greetings and good luck.